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Logan Property Holdings Co ( (HK:3380) ) just unveiled an announcement.
Logan Group Company Limited announced that its restructuring plan for 21 onshore corporate bonds and asset-backed securities has been approved by creditors. The plan includes options such as full conversion into designated assets, asset-for-debt swaps, cash repurchase, and equity economic rights, which will impact the company’s financial structure and provide flexibility in managing its debt obligations.
More about Logan Property Holdings Co
Logan Group Company Limited operates in the real estate industry, focusing on property development and investment. The company is known for its residential and commercial projects, primarily targeting the Chinese market.
Average Trading Volume: 13,945,645
Technical Sentiment Signal: Hold
Current Market Cap: HK$5.17B
For a thorough assessment of 3380 stock, go to TipRanks’ Stock Analysis page.